Solar Panels Installation Cost Per Watt

This is higher than the average price of residential solar power systems across the united states which is currently 2 60 per watt.

Solar panels installation cost per watt.

There are three types common in the residential market. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit. Solar panel cost data 2020. With labor and other factors solar panel installation costs a total of 2 50 to 3 50 per watt.

If those numbers seem low remember that an installation has added costs thanks to the inverters solar batteries and other additional equipment needed for a complete solar energy system. Solar panel cost per watt example three dollars per watt 3 w means that for a 5 kilowatt system a common solar system size the gross system cost will be 15 000. Each one has its own pros and cons from price to efficiency. The average cost of installed residential solar power systems is currently 2 60 per watt.

Kilowatts shouldn t be confused with kilowatt hours which is the metric to show you how much electricity your system produces. Solar energy costs 0 08 to 0 10 per kwh to produce on average depending on your location. You ll pay anywhere from 0 70 to 1 50 per watt to purchase a solar panel.